The following video is from Monday's MarketFoolery podcast in which host Chris Hill and analysts Joe Magyer and Jason Moser discuss the top business and investing stories.
Leucadia National has announced it is purchasing Jefferies Group, but since the purchase is being made in stock, and Leucadia's stock is a bit down at the moment, the timing has left the guys a little lukewarm on the decision. In this segment, we hear about Leucadia's various strengths and weaknesses, and whether this acquisition will turn out to pay off in the long run.
Chris Hill and Jason Moser have no positions in the stocks mentioned above. Joe Magyer owns shares of JPMorgan Chase. The Motley Fool owns shares of Bank of America and JPMorgan Chase. Motley Fool newsletter services recommend Jefferies Group and Leucadia National. Try any of our Foolish newsletter services free for 30 days.